February 11 (SeeNews) - Slovenian home appliances manufacturer Gorenje [LJE:GRVG] plans to expand its refrigerator factory in Serbia's Valjevo through the construction of a new production unit, it said.
"We intend to expand the production of refrigerators in Valjevo with an additional factory," Gorenje said in a statement last week.
In Serbia, Gorenje operates factories in Stara Pazova and Zajecar.
The company also said preparations are already underway to start the construction of a new TV set factory in Slovenia's Velenje, Gorenje said.
Gorenje said last week its management board decided to transform into a limited liability company with a share capital of 101.4 million euro ($114.7 million). The new company will be renamed to Gorenje gospodinjski aparati, headquartered in Velenje.
($ = 0.883881 euro)